Momentum Housing Data · Home Values · Lake County
Buying here? See Royal Highlands Ph I Sub homes for sale and the Royal Highlands Ph I Sub community guide (Leesburg), or all Royal Highlands homes for sale.
Royal Highlands Ph I Sub (LEESBURG, FL): 8 recorded closings in the 12 months ending 2026-09-20, a 6-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 88.4% of original asking; the median sale took 184 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $259,750 | $158 | 184 | 88.4% | 8 |
| 2024 | $335,000 | $188 | 89 | 93.3% | 5 |
| 2022 | $286,900 | $195 | 3 | 100.0% | 5 |
| 2021 | $231,900 | $172 | 4 | 100.0% | 3 |
| 2019 | $156,250 | $111 | 140 | 91.2% | 4 |
| 2015 | $135,000 | $75 | 56 | 93.2% | 5 |
Over the recorded series, Royal Highlands Ph I Sub’s median sold price moved from $135,000 (2015) to $259,750 (12 months ending 2026-09-20) — +92% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2015 at $135,000. The 2020–22 run-up did what it did everywhere — Royal Highlands Ph I Sub’s median moved +84% from 2019 to 2022. Against the 2024 peak of $335,000, the current median stands at -22%. Annual sales volume here has ranged from 0 to 8 closings a year (10-yr average 3.1). With roughly 3.1 closings a year, Royal Highlands Ph I Sub’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 13 recorded Royal Highlands Ph I Sub closings since 2024, half landed between $250,000 and $327,000 (the middle two quartiles); the lowest recorded sale was $212,500 and the highest $385,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $225,000 | 3 (23%) | |
| $225,000 – $275,000 | 4 (31%) | |
| $275,000 – $325,000 | 2 (15%) | |
| $325,000 – $375,000 | 2 (15%) | |
| None and up | 2 (15%) |
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1996 and 2003 (median 1997); 12 of 12 listed or recently sold homes report an HOA, median $229/mo; none of the 12 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 100 ft); the features listings here most often name are Clubhouse, Deed Restrictions, Fitness Center, Golf Carts OK, Tennis Court(s) and Buyer Approval Required. See the current Royal Highlands Ph I Sub listings →
At Royal Highlands Ph I Sub’s $259,750 median and Lake County’s adopted 16.65 mills (FY2025-26), a home assessed at that price carries roughly $4,320 a year in property tax before exemptions, or about $3,650 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lake County tax page.
Current asking prices run a median $283,831 against the $259,750 recorded sold median (+9%) — the gap between what sellers hope and what the record shows. The market is carrying about 2.7 months of supply at the current sales pace. Demand check: 33% of Royal Highlands Ph I Sub’s listings are under contract, against 18% for ZIP 34748 and 25% for Lake County as a whole — the community is absorbing faster than its surroundings.
With asking prices running +9% over the recorded sold median, a Royal Highlands Ph I Sub listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Royal Highlands Ph I Sub are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| ROYAL HIGHLANDS | $290,000 | $159 | 94 | 53 |
| Plantation At Leesburg Nottoway Village | $310,000 | $159 | 116 | 10 |
| Plantation At Leesburg Sawgrass Village | $304,900 | $141 | 60 | 5 |
| Plantation At Leesburg Golfview | $245,750 | $155 | 78 | 8 |
More Royal Highlands Ph I Sub: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.